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Side-by-Side Comparison Independent Updated Oct 4, 2026

UOB Kay Hian vs XM 2026: Which Broker is Better?

Compare UOB Kay Hian and XM side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

UOB Kay Hian

XM

VS
UOB Kay HianXM
BrokerRank Score3.6/53.9/5 ✓
Min. Deposit$0 ✓$5
Spread from0 pips ✓0.6 pips
Max Leverage1:51:1000 ✓
RegulationMAS, SFCCySEC, DFSA, FSC ✓
PlatformsProprietary Web, Proprietary Mobile, UTRADEMT4, MT5, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
UOB Kay HianXM
Best for Low Fees
UOB Kay HianXM
Best for Regulation
XMUOB Kay Hian
Best Overall
XMUOB Kay Hian
Quick Answer

XM is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, UOB Kay Hian offers lower spreads (0 pips).

See full side-by-side comparison below

UOB Kay Hian vs XM: Key Differences

Feature

UOB Kay Hian

XM

Winner
Our Rating
3.6 / 5
3.9 / 5
Min. Deposit
$0
$5
Max Leverage
Spread From
0 pips
0.6 pips
Commission
$0.18/lot
None
Regulated By
MASSFC
CySECDFSAFSCFSCAFSA
Platforms
Proprietary Web, Proprietary Mobile, UTRADE
MT4, MT5, Proprietary Mobile
Markets
Stocks, Etf, Indices, Forex
Forex, Cfd, Stocks, Indices, Commodities
Founded
1973
2009
Headquarters
Singapore
Limassol, Cyprus
Score
2 / 5
3 / 5

Fees Comparison

Fee

UOB Kay Hian

XM

Spread From
0 pips
0.6 pips
Commission
$0.18/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

UOB Kay Hian scores 3.56/5 while XM scores 3.85/5 in our independent rating.

XM edges ahead overall, but UOB Kay Hian may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

UOB Kay Hian

UOB Kay Hian

3.6/5

Choose UOB Kay Hian if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit
  • More established (est. 1973)
XM

XM

3.9/5

Top pick

Choose XM if you want…

  • Higher overall rating (3.9/5)
  • No per-trade commission
  • Higher leverage (up to 1:1000)
  • More regulatory licences (5)

Also consider

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both UOB Kay Hian & XM are available in

Frequently Asked Questions

1

Is UOB Kay Hian better than XM?

XM scores higher overall on our independent rating system. UOB Kay Hian holds a 3.6/5 rating vs XM's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, UOB Kay Hian or XM?

UOB Kay Hian offers spreads from 0 pips, while XM starts at 0.6 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for UOB Kay Hian vs XM?

UOB Kay Hian requires a minimum deposit of $0. XM requires $5.

4

Which broker is safer, UOB Kay Hian or XM?

UOB Kay Hian is regulated by MAS, SFC, while XM holds licences from CySEC, DFSA, FSC, FSCA, FSA.

5

What trading platforms do UOB Kay Hian and XM support?

UOB Kay Hian supports Proprietary Web, Proprietary Mobile, UTRADE. XM supports MT4, MT5, Proprietary Mobile.

6

Can I use both UOB Kay Hian and XM?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Higher Rated

XM

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